Search Results | Showing 11 - 20 of 37 results for "Record of Advice" |
| | | ... result of complying with the Best Interests Duty, and the Letter of Advice to replace the Statement of Advice and Record of Advice. KPMG director of superannuation advisory, actuarial and financial risk Cecilia Storniolo said: "Anecdotally, we've ... |
| | | | ... the costs incurred are understood. Cameron urged advisers to document everything in the Statement of Advice or Record of Advice and that the client understands the recommendations. "If the rising cost of cover is something that needs to be taken into ... |
| | | | ... client and product research, is a costly exercise. Some 146 respondents supported allowing greater use of the Record of Advice. Advisers said that the rising regulatory and governance costs are making advice less affordable. Many want RG 244 Giving information ... |
| | | | ASIC is extending the relief measure that allows financial advisers to provide a Record of Advice (ROA) rather than a statement of advice (SOA) until October 15. The decision to extend the relief measure came after consulting with the industry, the ... |
| | | | ... that would give an adviser and the licensee more confidence that they can speak freely in a statement of advice, record of advice or a document, that's actually a separate issue," Dummett added. Lifespan chief executive Eugene Ardino agreed: "If ... |
| | | | ... corporate regulator has extended the capped advice fees regarding ERS at $300, allowing advisers to provide a record of advice rather than a comprehensive statement of advice in this circumstance until 15 April 2021 rather than October 15. In addition ... |
| | | | ... Australians through this period of economic uncertainty," it said. "Scaled advice would be documented through a Record of Advice and allow a client to seek advice on a specific subject, such as the impact of a redundancy or a hardship withdrawal from ... |
| | | | ... affected by COVID-19 about ERS, relief extending the period for giving Statements of Advice and relief to allow a Record of Advice to be given instead of a Statement of Advice in certain circumstances. De Gori said the industry was not consulted on the ... |
| | | | The Financial Planning Association of Australia has launched a digital version of the Record of Advice (ROA) solution 'template' to support members who have been inundated with requests for advice, following the strong demand for early super access. ... |
| | | | ... key measure sees the requirement for advisers to issue a Statement of Advice lifted, so long as they provide a Record of Advice and don't charge more than $300 for the advice. Here in lies the problem, with advisers concerned Australians may be driven ... |
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